PayPal issued a statement Friday that it won't renew its sponsorship with Phoenix Suns if Robert Sarver remains involved with team after this season.
PayPal will not renew its sponsorship with the Phoenix Suns if majority owner Robert Sarver still is involved with the team after his yearlong suspension ends, the company said Friday in a statement.
"We have reviewed the report of the NBA's league independent investigation into Phoenix Suns owner Robert Sarver and have found his conduct unacceptable and in conflict with our values." Sarver, 60, also majority owner of the WNBA's Phoenix Mercury, was suspended for one year and fined $10 million for ''workplace misconduct and organizational deficiencies'' found in the investigation and ordered to complete workplace behavior training.
"PayPal has continued to do business with Robert Sarver and is now expanding its business relationship with Mr. Sarver internationally,” Sharpton wrote in a open letter to PayPal president and CEO Dan SchulmanOn Friday, Sharpton applauded Schulman's stance, but wants the company CEO and president to end ties with Sarver and the Suns now.
"I cannot in good judgment sit back and allow our children and future generations of fans to think that this behavior is tolerated because of wealth and privilege," wrote Najafi as he is currently out of the country."Therefore, in accordance with my commitment to helping eradicate any form of racism, sexism and bias, as vice chairman of the Phoenix Suns, I am calling for the resignation of Robert Sarver.
The $10 million is the most the league could fine Sarver under the NBA constitution and by-laws. Silver said there weren't any discussions to remove Sarver as team owner. "There may be some disagreement around the edges, but it’s not really about a factual dispute here. It’s not Mr. Sarver saying, 'I never said that. What is lost, though, in differentiating between the facts in this situation and Donald Sterling, is the context."
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